BMO Capital Maintains Outperform on Moody's, Raises Price Target to $430
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Jeffrey Silber has maintained an Outperform rating on Moody's (NYSE:MCO) and increased the price target from $366 to $430.
January 03, 2024 | 8:18 pm
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BMO Capital has reaffirmed its Outperform rating on Moody's and raised the price target to $430, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a bullish perspective on the stock's future performance, suggesting potential upside. This can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
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